The Black range. (Robinson, Socorro County, N.M.) 1882-1897, 1887-11-04
The Good Tine Coming.

/ The Review SIN afheus 70 the prt.
dicilun made same months ago, that
the time b. reasonably hear 40 hand
when there viii be an active demand
Tor mining property IN the financial
centers of the country for legitimate
and speculative purposes The dist
uuce may be- measured by the course of
legislation in the approaching congress
the great financial problems of the
ume.
II the question relating TO revenue
and surplus are wisely disposed Of. and
the free coinage OF silver granted, Il
. viii at once open another opportunity
I fur advancement like that which fol.
lowed the resumption Of specie pay
menls tn 1879. So long as silver is
treated Ike simplecommonity. like any
other metal In the market, there will
b. little inclination by capitalists 20 In
vest IN mines. But once the barriers
are thrown down there will be such
Am awakening Of interest rs has never
before been witnessed since the palmy
days Of California and Washoe.
The commercial world everywhere
feels the distress incident to an IN reg.
uiated money market. An well con
Quoted investigations Of the causes
lead directly 10 the decentralization Of
silver by the principal governments Of
the world. White the opposition of Jhe
wealthy class to any change in obsti
nate, the pressure exgrled by the peo-
| pie must in time produce its effort, and
the minority will be forced TO yield
The present state OF things cannot pre-.
yaIL. There Will be a change upon the
| persistent demands OF tLose who suffer
All financial currents are disOTdcred
and the remedy must soon be applied
search IN whatever direction yOu will
for solution, and you aud tia. the only
way out is 10 open the mints to
the white metal. The first argu-
ments relating TO the inevitable
effort Of free coinage upon gold and
J consequent damage to the country have
II. been cAp,Odel bY tl,e egiu4iUia log
ic Of events. We have gone Oh coin
ing dollars under the Bland act, and
s.,E tue yellow metal Is not frightened
/ bur cout.uurs TO flow m upon us at Il
rate more than sufficient for it's needs
Meanwhile, however, the maintenance
Of the gold standard Is steadily closing
the ports Of Europe 20 our wheat-!he
main dependence OF our agricultural
lists. TO raise IL Is no longer profitable.
The price 10 so near the cost Of pro
ducti0n as to demand n change Of
crops. THIS means a supply chiefly to
the needs of the United States, because
we can not compete with India with
silver at % TO % cents per ounce.
Every intelligent farmer who reads is
enlightened upon this point.
The cotton planters are in like con
dition with the wheat raise. The price
Of cotton IS governed by the price Of
silver in London. There is good rea-
son for the belief that the adoption of
free coinage by the United States will
exert potential influence upon the
Latin Union and do more to effect the
dissolution Of that unhnly compact
than any other at our command. Until
this is done, international conferences
will amount to but little more than an
interchange Of views without n con
clusi0n.
Il IS SAID that president Cleveland is
undergoing "A change of heart on the
currency problems; that hayingstudied
finance more closely than before dur
ing the past two years, and with it the
wants Of the nation, his original views
against which the south and west re.
belled, have been materially modified
The only Importance TO be attached to
this partial conversion is that he may
not be so eyerlastingly rantankerous as
formerly.
Bn; there is hope that these diilicul.
ties may all be soon removed, there is
absolute certainty that silver mines
will be readily saleable at good prices
Rocky Mountain Mining Review.